For sale

$475,000

1001 Masters Place Way, Durham, NC 27703

2beds

1,776sqft

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Single Family Residence, Residential

Built in 2024

5,662 Square Feet Lot

$464,900 Zestimate^®

$267/sqft

$275/mo HOA

What's special

Gourmet kitchen upgradeTrash pulloutSpice pullout

This is a beautiful ranch home located in the Falls Village 55+ community. 2 Bedrooms 2 bath with an office. Gourmet kitchen upgrade with soft close doors and drawers in the kitchen, trash pullout and spice pullout. HOA includes lawn care and cable. Close to Hwy 70 and Brier Creek Seller is purchasing a home and will need to close before giving up possession.

41 days

116

2

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air, Electric

Appliances

Included: Built-In Electric Oven, Built-In Gas Range, Built-In Range, Convection Oven, Dishwasher, Electric Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood
Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup

Features

Flooring: Carpet, Vinyl, Tile
Has fireplace: No

Interior area

Total structure area: 1,776
Total interior livable area: 1,776 sqft
Finished area above ground: 1,776
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Rain Gutters
Fencing: None
Has view: Yes

Lot

Size: 5,662 Square Feet

Details

Parcel number: 391
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Golf
Senior community: Yes
Subdivision: Falls Village

HOA

Has HOA: Yes
Amenities included: Cable TV, Clubhouse, Maintenance Grounds, Pool, Tennis Court(s)
Services included: Cable TV, Maintenance Grounds
HOA fee: $275 monthly

Location

Region: Durham

Financial & listing details

Price per square foot: $267/sqft
Tax assessed value: $442,891
Annual tax amount: $4,390
Date on market: 6/2/2026
Road surface type: Asphalt

Estimated market value

$464,900

$442,000 - $488,000

$2,443/mo

Price history

Date	Event	Price
6/2/2026	Listed for sale	$475,000+2.2%$267/sqft
Source: Doorify MLS #10171130 Report a problem
1/1/2026	Listing removed	$465,000$262/sqft
Source: Doorify MLS #10120848 Report a problem
10/7/2025	Price change	$465,000-2.1%$262/sqft
Source: Doorify MLS #10120848 Report a problem
9/10/2025	Listed for sale	$475,000+17.6%$267/sqft
Source: Doorify MLS #10120848 Report a problem
8/27/2024	Sold	$404,000$227/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,390 +73.6%	$442,891 +144.3%
2024	$2,528 +54.4%	$181,266 +45%
2023	$1,637	$125,000

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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